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$ 6,000,000
Est. payment /mo
Active
1397 & 1399 Fulton ST Brooklyn, NY 11216
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 946672
Rental Info No
Year Built 1931
Annual Tax Amount $33,655
Property Sub-Type Multi Family
Source onekey2
Property Description
Investment Opportunity | Mixed-Use Portfolio | Bedford-Stuyvesant, Brooklyn, NY
Offered for sale is a compelling mixed-use investment opportunity located in the heart of Bedford-Stuyvesant, one of Brooklyn's most vibrant and rapidly evolving neighborhoods. The offering consists of two well-maintained buildings comprising a total of 16 income-producing units, including 12 residential apartments and 4 street-level commercial units.
The residential component features a desirable unit mix that appeals to the strong local rental market, supported by consistent demand from tenants seeking proximity to public transportation, neighborhood amenities, and nearby commercial corridors. The commercial units benefit from excellent street exposure, steady foot traffic, and a diverse tenant base, providing stable supplemental income and long-term upside.
Offered for sale is a compelling mixed-use investment opportunity located in the heart of Bedford-Stuyvesant, one of Brooklyn's most vibrant and rapidly evolving neighborhoods. The offering consists of two well-maintained buildings comprising a total of 16 income-producing units, including 12 residential apartments and 4 street-level commercial units.
The residential component features a desirable unit mix that appeals to the strong local rental market, supported by consistent demand from tenants seeking proximity to public transportation, neighborhood amenities, and nearby commercial corridors. The commercial units benefit from excellent street exposure, steady foot traffic, and a diverse tenant base, providing stable supplemental income and long-term upside.
Location
State NY
County Kings (brooklyn)
Rooms
Basement None
Interior
Heating Oil
Cooling None
Fireplace No
Exterior
Parking Features On Street
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected
Building
Story 4
Foundation Other
Sewer Public Sewer
Water Public
Structure Type Other
Schools
Elementary Schools Ps 93 William H Prescott
Middle Schools Restoration Academy
High Schools Brooklyn 13
School District Brooklyn 13
Others
Special Listing Condition None
Listed by Coldwell Banker Reliable R E • Paul J. St Clair
Nearby Locations